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![Scope affirms Latvia's credit ratings at A- and revises the Outlook to Stable from Positive](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_b0b0da6de93859975a8edc0b44f4b071f8bb9d02a6a4d15d09ba4b6b0daeef86.jpg)
28/4/2023 Rating announcement EN
Scope affirms Latvia's credit ratings at A- and revises the Outlook to Stable from Positive
The country's prolonged exposure to the cost-of-living shock amid higher geopolitical risks drives the Outlook revision. Latvia's solid medium-run growth prospects and moderate public debt underpin the rating affirmation.
![Scope affirms Latvia’s credit rating at A- and revises the Outlook to Positive](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_f7ff166450e75fe93bdfc6de6131ac24864589663eca68aa5852809ead13d2c1.jpg)
14/1/2022 Rating announcement EN
Scope affirms Latvia’s credit rating at A- and revises the Outlook to Positive
Solid economic growth prospects and reduced financial sector risk drive the Outlook change. Unfavourable demographics, an exposure to external shocks and banking spill-over risks remain credit challenges.
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